U.S. fleet management market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 9.9% in the forecast period of 2022 to 2029 and is expected to reach USD 13,061.39 million by 2029.
To attain success in the competition of global market place, going for this large-scale FLEET MANAGEMENT MARKET business report is the key. This market analysis report strategically analyses the growth trends and future prospects. Besides, it endows with the company profile, product specifications, production value, contact information of manufacturer and market shares for company. The report gives details about the emerging trends along with key drivers, challenges and opportunities in the AUTOMOTIVE industry. Moreover, FLEET MANAGEMENT MARKET report also provides strategic profiling of top players in the AUTOMOTIVE industry, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
Fleet management market Scope & Size:
- On the basis of communication range, the U.S. fleet management market is segmented into short range communication and long-range communication. In 2022, short range communication segment is expected to dominate the market as small magnetic pulses transmit data quickly and efficiently.
- On the basis of deployment, the U.S. fleet management market is segmented into on-premise, cloud, and hybrid. In 2022, the On-premise segment is expected to dominate the market as it provides visibility to the fleets which are in transition.
- On the basis of communication type, the U.S. fleet management market is segmented into GNSS, cellular systems, and others. In 2022, the GNSS segment is expected to dominate the market as it provides work-time reports.
- On the basis of functions, the U.S. fleet management market is segmented into monitoring driver behavior, fuel consumption, asset management, ELD compliance, route management, vehicle maintenance updates, delivery schedule, accident prevention, real-time vehicle location, mobile apps, and others. In 2022, the asset management segment is expected to dominate the market as it is the most important function due to its performance indication property.
- On the basis of operations, the U.S. fleet management market is segmented into private and commercial. In 2022, the commercial segment is expected to dominate the market as commercial vehicles are the more preferable options for the companies to avail services.
- On the basis of end user, the U.S. fleet management market is segmented into automotive, government, healthcare, energy & utilities, manufacturing, retail, transportation & logistics, construction, and others. In 2022, the automotive segment is expected to dominate the market due to its rising demand in the fleet management sector.
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Some of the key questions answered in this report:
How has the Fleet management market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-16.8 on the Fleet management market?
- What are the key regional markets?
- What is the breakup of the market based on the procedure?
- What is the breakup of the market based on the injury location?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Fleet management market and who are the key players?
- What is the degree of competition in the industry?
Market Analysis and Insight: Fleet management market
- Fleet management is the management of commercial vehicle operations at scale. Any company that uses a fleet of vehicles as part of its business model can be said to be doing some form of fleet management. Fleet management is all about keeping costs reasonable, maximizing profitability, and minimizing risk. The purpose of fleet management is to keep track of the performance and maintenance of these vehicles to make sure that the system is running smoothly and potentially look for ways to improve efficiency. Basically, fleet management is about optimization and process improvement. The person in charge of fleet management is usually the fleet manager. Responsibilities of the fleet manager include maintenance and repair of vehicles, resource management (fuel, parts, vehicles, and even drivers themselves), driver training, behavior and safety compliance, asset utilization, risk management, route planning, waste management, overseeing and improving the productivity of the fleet. Rise in demand for monitoring fleets is expected to act as a major driver to the market in this region. However, improper guidance for enabling the routes may restrain the market’s growth.
- This U.S. fleet management market report provides details of market share, new developments, and product pipeline analysis, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an Analyst Brief. Our team will help you create a revenue impact solution to achieve your desired goal.
Fleet management market - Regional Level Analysis
- Fleet Management market is analyzed and market size information is provided by country, components, lease type, mode of transport, hardware, fleet size, communication range, deployment, communication type, functions, operations, and end user.
- Improvement in the sector of customer service is expected to act as a main factor boosting the market in this region.
Fleet management market - Share Analysis:
- US. fleet management market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, U.S. presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies' focus related to the U.S. fleet management market.
Key player - Fleet management market
Some of the major players operating in the U.S. fleet management market are
- AT&T Intellectual Property
- Astrata Group
- Omnitracs (Acquired by Solera)
- Cisco Systems, Inc
- CalAmp
- Mendix Technology BV
- Faststream Technologies
- Siemens
- IBM Corporation
- DENSO CORPORATION
- Sierra Wireless
- Lytx, Inc.
- Robert Bosch GmbH
- ORBCOMM
- ARI Fleet Management Company
- a Bridgestone Company
- Element Fleet Management Corp.
- Vector Fleet Management, Clovity.com, Continental AG, Transflo, among others.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Fleet management market Share by Product & Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=us-fleet-management-market
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